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image Interest Rates FCNR(B)/RFC

UNION BANK OF INDIA
REVISION IN RATES OF INTEREST ON
FCNR (B) AND RFC DEPOSITS
FCNR (B) Deposits:
The details of revised rates of interest on FCNR (B) & RFC term deposits in the permitted currencies w.e.f. 01.01.2021 are given below:
PERIOD
USD< 300,000
USD >= 300,000
GBP
EUR
  Existing Revised Existing Revised Existing Revised Existing Revised
1 YR<2YRS

0.88

0.87

0.88

0.87

0.48

0.44

0.01

0.01

2YRS<3YRS

0.77

0.72

0.87

0.82

0.51

0.45

0.01

0.01

3YRS<4YRS

0.86

0.79

0.96

0.89

0.57

0.52

0.01

0.01

4YRS<5YRS

0.88

0.85

0.98

0.95

0.62

0.57

0.01

0.01

5YRSONLY

0.91

0.90

1.01

1.00

0.67

0.60

0.01

0.01

FCNR (B) Deposits:
 
PERIOD
JPY
CAD
AUD
  Existing Revised Existing Revised Existing Revised
1 YR<2YRS

0.01

0.01

0.72

0.69

0.14

0.13

2YRS<3YRS

0.04

0.04

0.63

0.57

0.15

0.18

3YRS<4YRS

0.05

0.05

0.73

0.67

0.22

0.09

4YRS<5YRS

0.06

0.05

0.82

0.79

0.28

0.05

5YRSONLY

0.06

0.06

0.98

0.95

0.36

0.03

RFC Deposits::
 
PERIOD
USD < 300,000
USD>= 300,000
GBP
EUR
JPY
CAD
AUD
  Existing Revised Existing Revised Existing Revised Existing Revised Existing Revised Existing Revised Existing Revised
TERM DEPOSITS                      
6 MONTHS to <1 YR

0.88

0.87

0.88

0.87

0.48

0.44

0.01

0.01

0.01

0.01

0.72

0.69

0.14

0.13

1 YR to <2 YRS

0.88

0.87

0.88

0.87

0.48

0.44

0.01

0.01

0.01

0.01

0.72

0.69

0.14

0.13

2 YRS to <3 YRS

0.77

0.72

0.87

0.82

0.51

0.45

0.01

0.01

0.04

0.04

0.63

0.57

0.15

0.18

3 YRS

0.86

0.79

0.96

0.89

0.57

0.52

0.01

0.01

0.05

0.05

0.73

0.67

0.22

0.09

 

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